Real Estate Quarterly

by Barbara
1247 MacArthur Dr. Alexandria, LA, 71303
July 2010

Cenla Residential Market Update Gone Fishing!

Cenla Residential Market Statistics
June 2010 The Average Sales Price is going Boudreaux and Thibodeaux
Price Range # Sold back up, from $149,603 in 2008, decided to go fishing one
decreasing to $144,150 in 2009, morning at the pond in back of
$0 -$29,999 4
to $160,271 for the second Boudreaux’s house. It was
$30,000-$59,999 9 quarter of 2010. dark and when they reached
the pond they realized they
$60,000-$79,999 10 Average Days on Market is still wanted to cross to the other
climbing from 93 in 2009 to side. But they couldn’t walk
$80,000-$99,999 7 112 in the second quarter of 2010. around and had no boat or
pirogue to cross in.
$100,000-$119,999 7 Statistics indicate that homes in Thibodeaux turned to
top notch condition are selling well. Boudreaux and said, “Mais
$120,000-$139,900 15 Condition, pricing, and staging are Boudreaux, how in the heck
crucial to selling a home. we gonna get across?”
$140,000-$159,999 14
Boudreaux said, “No problem,
$160,000-$179,999 13 Call me with any questions I’m gonna shine this here
flashlight across the water and
$180,000-$199,999 3 you gonna walk on the beam
Thought for the day of light all the way across.”
$200,000-$249,999 11 Teamwork divides the task Thibodeaux then says,
and multiplies the success. “Mais ,Boudreaux, you must
$250,000-$299,999 8 Author Unknown think I’m stupid or something,
cause just when I get halfway
$300,000-$399,999 7
Everyone contributes to the across you gonna turn off the
$400,000-$499,999 1 overall goal. Each ones light.
commitment today will effect
Above $500,000 1 the groups efforts and
Totals: 110 determine the overall
outcome.
Enjoy Summer

Monthly Transactions 2009/2010

200
S 2009
# 100
a 2010
l 0
o e Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
f
s
Barbara Corbett
Key Realty, LLC
1216 MacArthur Dr
Alexandria, LA

Louisiana One of Top Ten States to Attract
Retirees with Favorable Taxes
States are wooing retirees with tax breaks. On
average, retirees pay only half the state income
tax levied on working-age people, according to
researchers at University of New Hampshire and
Georgia State.
Seven states- Alaska, Florida, Nevada, South
Dakota, Texas, Washington, and Wyoming -
don’t tax personal income at all. New Hampshire
and Tennessee tax interest and dividends but not
other income. Still, these states many not offer
the best total deal for seniors because other
states have crafted special programs that reduce
taxes and fees across the board.
Considering everything, here are the states
that tax experts say offer the best deals for resi-
dents older than 65.
1. Georgia 7. New York
2. Pennsylvania 8. South Carolina
3. Mississippi 9. Delaware
4. Illinois 10. Louisiana
5. Michigan
6. Kentucky Source: Forbes
I Love Referrals!
Do you know someone who is thinking of
buying or selling a home?
Please mention my name!
Tax Credit Closing Date and National Flood
Insurance Extensions
Congress has passed an extension of the Homebuyer
Tax Credit closing deadline, the Homebuyer Assis-
tance and Improvement Act (H.R. 5623). The
extension applies only to transactions that have ratified
contracts in place as of April 30, 2010 that have not yet
closed. The legislation is designed to create a seamless
extension and the new closing deadline for eligible
transactions is now September 30, 2010. There will be
no gap between June 30 and the date the President
signs the bill into law.
Visit:www.realtor.org/government affairs.
Additionally, the United States Senate has passed the
National flood Insurance program Extension Act of
2010 (H.R. 5569), an extension of the National Flood
Insurance Program until September 30, 2010. The bill
is retroactive and covers the lapse period from June 1,
2010 to the date of enactment of the extension.
For more information on the flood information visit
www.realtor.org/government affairs
Networking, Service, Results
with Barbara Corbett
CRS, GRI, e-Pro, SRS
Certified Residential Specialist
Cell 318-715-0367
Office 318-442-3300
Toll Free 888-749-2600